Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty Futures April Series Starting with Over Heated Status – Market Profile Outlook

28 sec read

The Big Volatile March Series comes to an end and the April series is likely to start with an overheated status and the last couple of days lower volatility in the markets got slowed down the price action and very less enthusiastic players are trading this market than more aggressive participation in the first half of the March 2022 series.

Market Profile Structure indicates a dull boring price action for the last couple of sessions with falling volumes overall. 17350 remains the shorter-term focus if the price manages to break 17500 levels.

Slow down in price action generally tend to profit booking and at times markets need a break before going up higher. The Caution flag is raised in the shorter term as the short term inventory gets long to too long with falling trading interest overall.

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty Futures April Series Starting with Over Heated Status…

The Big Volatile March Series comes to an end and the April series is likely to start with an overheated status and the last...
Rajandran R
28 sec read

Mini Certification Course on Options Trading using Market Profile

Market Profile is one trading tool that professional traders would never like to miss in their trading arsenal. This Mini-Course on Market Profile gets...
Rajandran R
54 sec read

Mini Certification Course on Nifty and Bank Nifty trading…

We are doing a 6 hours session of training session on Market Profile Basics, which covers from a practical point of view how to...
Rajandran R
42 sec read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More